We will pay your interest on 28 February each year. We can pay it straight into your Branch Notice Issue 2, into another account with The Nottingham or into another bank or building society account. Just let us know on your application form what you’d prefer us to do.
Every year we will send you a statement in March telling you how much interest you have earned, the rates that have applied to your account over the last year and the current rate of interest.
Paying money in
You can pay money into your account either in person at any of our branches using your passbook or by standing order from another account.
The minimum investment you can make is £500 and you can add to your account up to a maximum of £750,000.
Taking money out
You can make as many withdrawals as you like but must keep at least £500 in your account at all times.
You can make free withdrawals by giving us 60 days’ notice. You can also have instant access to your money but you will be charged 60 days’ interest on the amount you withdraw.
Your passbook will be updated with your new balance every time you make a withdrawal.
How to open
To open an account you must:
Call your local branch
and speak to one of our advisers and find out how you could benefit from a savings account.